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Ibstock PLC (IBST.L)

IBST.L on London Stock Exchange

260.20GBp
19 Jan 2018
Change (% chg)

3.00 (+1.17%)
Prev Close
257.20
Open
258.00
Day's High
264.00
Day's Low
257.20
Volume
1,405,319
Avg. Vol
980,923
52-wk High
273.40
52-wk Low
175.10

Latest Key Developments (Source: Significant Developments)

Ibstock Says Group Revenue For Year Ended Dec 31 Was Up 4 Pct
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Ibstock Plc ::GROUP CONTINUES TO TRADE AS ANTICIPATED WITH ADJUSTED EBITDA FOR YEAR ENDED 31 ST DECEMBER 2017 IN LINE WITH EXPECTATIONS​.‍GROUP REVENUE FOR YEAR ENDED 31 DECEMBER 2017 WAS UP 4%​.‍NOTE ENACTMENT OF US TAX CUTS AND JOBS ACT; CONTINUE TO WORK THROUGH FULL IMPACT OF CHANGES.EXPECT US TAX CHANGES WILL RESULT IN A NON-CASH TAX CREDIT AS A RESULT OF REVALUATION OF DEFERRED TAX BALANCES IN 2017.  Full Article

Ibstock CEO ‍Wayne Sheppard to retire in 2018​
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Ibstock Plc :‍WAYNE SHEPPARD HAS NOTIFIED BOARD OF HIS INTENTION TO RETIRE IN 2018​.WAYNE SHEPPARD ‍WILL BE SUCCEEDED AS CEO BY JOE HUDSON.  Full Article

-Sale of 40.5 mln shares of Ibstock raises 70.9 mln stg - bookrunner
Friday, 2 Sep 2016 

Bookrunner: Diamond (BC) S.A R.L announces that it has sold an aggregate of 40,500,000 ordinary shares in capital of Ibstock . Sale by way of an accelerated bookbuilding process to institutional investors at a price of 175 pence per ordinary share . Sale raising gross proceeds of approximately 70.9 million stg . Following sale, seller will hold 150,200,435 ordinary shares in ibstock, representing approximately 37.0 per cent of ibstock's entire issued share capital .Proceeds of placing are payable in cash on usual settlement terms. Ibstock will not receive any proceeds from placing.  Full Article

Sale of 40.5 mln shares of Ibstock plc - bookrunner
Thursday, 1 Sep 2016 

UBS Limited: Proposed placing of approximately 40.5 mln ordinary shares in Ibstock Plc . J.P.Morgan securities and UBS retained by Diamond (BC) S.A R.L to explore opportunity to sell about 40.5 mln shares in Ibstock Plc .Seller currently owns 190.7 mln shares, corresponding to 47.0 per cent of Ibstock's entire issued share capital.  Full Article